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They impact local community and government by providing jobs and bringing other industries into play in the community. They provide a rich revenue and tax base as well.

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What are the positive and negative impacts on employment in developing countries where factories are being built by multinational corporations?

P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...


Impacts of multinational company on the host country with examples?

multi-national examples


Are multinational corporations a curse or blessing to developing countries?

Multinational corporations can have both positive and negative impacts on developing countries. On one hand, they can bring in much-needed investment, technology, and job opportunities, which can stimulate economic growth and development. On the other hand, they can exploit local resources, labor, and markets, leading to environmental degradation, social inequality, and economic dependency. The overall impact depends on various factors such as government regulations, corporate social responsibility practices, and the level of transparency and accountability in the business operations.


What are the positive and negative impacts of mining?

Some positive impacts of mining are that it brings employment to the area and community development projects. Negative impacts include changing the social dynamics of the community, impacting health and livelihoods, and preventing access to clean land and water.


What are the disadvantages of a multinational company in a country?

Multinational companies can lead to negative impacts on local economies, such as crowding out small businesses and creating monopolistic practices. They may also exploit local resources without sufficient reinvestment, resulting in environmental degradation. Additionally, cultural homogenization can occur, where local traditions and practices are overshadowed by global corporate cultures. Finally, these companies may influence local politics, prioritizing profit over community welfare.

Related Questions

What are the positive and negative impacts on employment in developing countries where factories are being built by multinational corporations?

P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...


Impacts of multinational company on the host country with examples?

multi-national examples


What has the author David H Blake written?

David H. Blake has written: 'The politics of global economic relations' -- subject(s): International economic relations 'Managing the external relations of multinational corporations' -- subject(s): International business enterprises, Management, Social aspects, Social aspects of International business enterprises 'The social and economic impacts of transnational corporations' -- subject(s): American Corporations, International business enterprises, Ltda Olinkraft, Ltda Rigesa, Social aspects of International business enterprises


Are multinational corporations a curse or blessing to developing countries?

Multinational corporations can have both positive and negative impacts on developing countries. On one hand, they can bring in much-needed investment, technology, and job opportunities, which can stimulate economic growth and development. On the other hand, they can exploit local resources, labor, and markets, leading to environmental degradation, social inequality, and economic dependency. The overall impact depends on various factors such as government regulations, corporate social responsibility practices, and the level of transparency and accountability in the business operations.


Describe how an action of the national government impacts the politics and government of Texas?

in Spain what type of government do they have


What are the positive and negative impacts of mining?

Some positive impacts of mining are that it brings employment to the area and community development projects. Negative impacts include changing the social dynamics of the community, impacting health and livelihoods, and preventing access to clean land and water.


What are the disadvantages of a multinational company in a country?

Multinational companies can lead to negative impacts on local economies, such as crowding out small businesses and creating monopolistic practices. They may also exploit local resources without sufficient reinvestment, resulting in environmental degradation. Additionally, cultural homogenization can occur, where local traditions and practices are overshadowed by global corporate cultures. Finally, these companies may influence local politics, prioritizing profit over community welfare.


What are the positive impacts on tourism?

Tourism brings alot of money to the community.


Does illegal electrical connection impacts negatively on government revenue explain?

Not on government but on utility companys.


What are the negative impacts of the Devolution revolution?

The national government didn't want the federal government to keep telling them what to do.


What is the issues of cordillera?

Some of the main issues facing the Cordillera region include environmental degradation due to mining activities, disputes over ancestral land rights between indigenous communities and the government or corporations, and concerns about the impacts of climate change on the region's biodiversity and livelihoods.


Project file on role of government in locality?

A project file on the role of government in a locality should outline the key functions and responsibilities of local government, including public safety, infrastructure maintenance, and community services. It can also highlight how local governance impacts residents' quality of life through initiatives in education, health, and economic development. Additionally, the project can examine the relationship between government and citizens, emphasizing community engagement and participation in decision-making processes. Finally, it may include case studies or examples of successful local government programs and their outcomes.